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ABL Space Systems has raised $170 million in a round of Series B financing led by accounts and funds advised by global investment management firm T. Rowe Price Associates. Existing investors, Fidelity Management and Research and an unnamed global investment management firm participated in the new funding round that values ABL at $1.3 billion.
MoreABL Space Systems has partnered with Air Force Research Laboratory to develop rocket propulsion components for launch vehicles.
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